antidumping duties

Antidumping duties are tariffs imposed by a country on imported goods that are sold at unfairly low prices, often below production costs, to avoid fair competition. These duties aim to protect domestic industries from economic harm caused by such predatory pricing practices. Essentially, when a country suspects that a foreign manufacturer is dumping products to gain a competitive advantage and destabilize the local market, it may impose antidumping duties to level the playing field and ensure fair trade.